2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $0-$30k) in Michigan
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across Michigan, there were 10,104 business administration and management graduates with average earnings and debt of $52,110 and $27,480 respectively. At the bachelor’s degree level specifically, there were 4,312 business administration and management graduates with average earnings and debt of $40,161 and $25,915 respectively.
For this year’s “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking, we looked at 35 colleges that offer a degree in business administration and management. This ranking identifies schools with high-quality business administration and management programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business administration and management program at the school. For more information, check out our ranking methodology.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k” list, to help you choose the best school for you.
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Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $0-$30k) in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k. This large school is located in Ann Arbor, Michigan, and it awarded 596 bachelors’s business administration degrees in 2019-2020.
U-M also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #1. It costs about $3,166 for michigan bachelor’s degree business administration students whose families make $0-$30k per year to attend University of Michigan - Ann Arbor.
The low student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Michigan State is a large school located in East Lansing, Michigan that handed out 505 bachelors’s business administration degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $0-$30k list, Michigan State has also earned the #2 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $6,686 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Business Administration & Management at Michigan State
You’ll be in good company if you decide to attend Michigan Technological University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 22 students in 2019-2020.
Michigan Tech also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #7. The estimated yearly cost for Michigan Tech is $8,295 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Business Administration & Management at Michigan Tech
You’ll be in good company if you decide to attend Ferris State University. It ranked #4 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 257 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Ferris, the school also landed the #13 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $7,207 for michigan bachelor’s degree business administration students whose families make $0-$30k per year to attend Ferris State University.
Read more about Business Administration & Management at Ferris
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Oakland University landed the #5 spot on the list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 62 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #12 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Oakland University is $7,490 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read more about Business Administration & Management at Oakland University
Grand Valley State University came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. GVSU is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 103 bachelors’s business administration degrees to qualified students.
GVSU also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #8. The estimated yearly cost for GVSU is $11,578 for michigan bachelor’s degree business administration students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Read more about Business Administration & Management at GVSU
Central Michigan University came in at #7 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 354 bachelors’s business administration degrees in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #10 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Central Michigan is $11,598 for michigan bachelor’s degree business administration students whose families make $0-$30k.
Full Central Michigan University Business Administration & Management Report
University of Michigan - Dearborn ranked #8 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 26 bachelors’s degrees in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #16 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend University of Michigan - Dearborn is $6,751 for michigan bachelor’s degree business administration students whose families make $0-$30k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Full UM Dearborn Business Administration & Management Report
Lake Superior State University ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Located in Sault Ste Marie, Michigan, this small public school handed out 19 degrees to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Lake Superior State University is $7,067 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read full report on Business Administration & Management at Lake Superior State University
University of Michigan - Flint landed the #10 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. This medium-sized school is located in Flint, Michigan, and it awarded 78 bachelors’s business administration degrees in 2019-2020.
It costs about $7,955 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend University of Michigan - Flint.
Read full report on Business Administration & Management at UM Flint
With a ranking of #11, Saginaw Valley State University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 93 bachelors’s business administration degrees to qualified students.
Saginaw Valley State University did well in our major quality rankings, too. It placed #21 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $10,522 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Saginaw Valley State University.
Full Saginaw Valley State University Business Administration & Management Report
Western Michigan University landed the #12 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Located in Kalamazoo, Michigan, this fairly large public school handed out 220 diplomas to qualified bachelors’s business administration students in 2019-2020.
WMU did well in our major quality rankings, too. It placed #11 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Western Michigan University is $13,021 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Full Western Michigan University Business Administration & Management Report
With a ranking of #13, Northern Michigan University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 49 students in 2019-2020.
The yearly cost to attend Northern Michigan University is $9,137 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read more about Business Administration & Management at Northern Michigan University
With a ranking of #14, Northwood University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 440 bachelors’s business administration degrees in 2019-2020.
Northwood also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #6. It costs about $14,573 for michigan bachelor’s degree business administration students whose families make $0-$30k per year to attend Northwood.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Business Administration & Management at Northwood
University of Detroit Mercy did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #15. Detroit, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 43 students in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $0-$30k list, Detroit Mercy has also earned the #15 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Detroit Mercy is $13,879 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Full University of Detroit Mercy Business Administration & Management Report
Eastern Michigan University landed the #16 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 174 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #22 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $13,904 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Full Eastern Michigan Business Administration & Management Report
Aquinas College Michigan did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #17. Aquinas College Michigan is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 43 bachelors’s business administration degrees in 2019-2020.
Aquinas College Michigan not only placed well in this ranking. It is also #20 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $13,510 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Aquinas College Michigan.
Full Aquinas College Michigan Business Administration & Management Report
Hope College ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Hope College is a private not-for-profit institution located in Holland, Michigan. The school has a small population, and it awarded 94 bachelors’s degrees in 2019-2020.
Hope did well in our major quality rankings, too. It placed #3 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $16,113 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Hope.
The low student loan default rate of 2.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at Hope
Baker College landed the #19 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. This medium-sized school is located in Owosso, Michigan, and it awarded 242 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Baker College is $13,376 for michigan bachelor’s degree business administration students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Full Baker College Business Administration & Management Report
Cleary University ranked #20 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Cleary University is located in Howell, Michigan and, has a small student population. In 2019-2020, this school awarded 78 bachelors’s business administration degrees to qualified students.
As a testament to the quality of education offered at Cleary College, the school also landed the #9 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,940 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k per year to attend Cleary University.
Read more about Business Administration & Management at Cleary College
Spring Arbor University ranked #21 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 67 bachelors’s degrees in 2019-2020.
Spring Arbor also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #19. The estimated yearly cost for Spring Arbor is $14,962 for michigan bachelor’s degree business administration students whose families make $0-$30k.
Full Spring Arbor University Business Administration & Management Report
Madonna University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking, coming in at #22. Madonna is a small private not-for-profit school situated in Livonia, Michigan. It awarded 51 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for Madonna University is $13,455 for michigan bachelor’s degree business administration students whose families make $0-$30k.
Calvin University came in at #23 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Calvin University is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 65 bachelors’s degrees in 2019-2020.
Calvin not only placed well in this ranking. It is also #5 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Calvin is $21,344 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Cornerstone University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 136 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at Cornerstone, the school also landed the #25 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Cornerstone University is $18,169 for michigan bachelor’s degree business administration students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Business Administration & Management at Cornerstone
Siena Heights University came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $0-$30k ranking. This small school is located in Adrian, Michigan, and it awarded 111 bachelors’s business administration degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $0-$30k list, Siena Heights University has also earned the #23 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Siena Heights University is $18,135 for Michigan Bachelor’s Degree Business Administration students whose families make $0-$30k.
Read more about Business Administration & Management at Siena Heights University
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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